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  • GasOil premiums

    UAE’s Dana Gas shareholders approve sukuk restructuring

    Under the plan, the company will repay $70 million in cash, with the remaining $850 million split equally between two new five-year sukuk – an ordinary Islamic bond and a convertible sukuk

    April 24, 2013 6:58
  • 200-barclays

    Barclays’ senior Mena financial institutions banker departs

    Dubai-based Helou left the bank few weeks ago, the sources said, speaking on condition of anonymity as the matter is not public. Both Barclays and Helou were not immediately available to comment on why he left and his plans for the future.

    April 24, 2013 6:57
  • egypt economy

    Currency shortages hit Vodafone’s Egyptian business

    For now, Vodafone Egypt had been obliged to "significantly" rein in its network improvement and expansion plans in the past three months, namely upgrading base stations to high-speed, third-generation networks.

    April 24, 2013 6:55
 
  • etihad-news

    Etihad confirms 24 percent stake in Jet Airways for $379 million

    Jet's majority ownership will remain with Indian nationals and Jet's founder and non-executive chairman, Naresh Goyal, will hold 51 percent of the airline after the deal, which is subject to shareholder approval, the statement added.

    April 24, 2013 6:54
  • http://www.dreamstime.com/royalty-free-stock-images-concorde-image24957819

    British Airways loss may spur Boeing to offer mini-jumbo in weeks

    Boeing's response would mark the end of a "phoney war" between transatlantic rivals and set up a direct clash for a segment of the market projected to involve 2,000 twin-engined mini-jumbo jets worth $500 billion at list prices over 20 years.

    April 24, 2013 6:53
  • Gulf Arab nuclear plant

    Nuclear Saudi Arabia a lifeline for the atomic energy industry

    State-run French nuclear reactor builders should get something out of Saudi Arabia's much larger nuclear programme, with Riyadh's plans to build up to 17,000 MW one of the world's biggest nuclear building markets for the next two decades

    April 24, 2013 6:50
 
 
 
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